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What is Willis Towers Watson Compensation Software?

Innovative compensation management for the future is initiated with the advanced compensation software developed by Willis Towers Watson. This state-of-the-art software harmonizes interactive compensation details, job categorization, and comprehensive compensation analytics and design, allowing organizations to cultivate a culture focused on performance that not only draws in elite talent but also boosts employee engagement and retention. In order to proficiently tackle the challenges associated with the creation and management of compensation programs, organizations need intuitive technology, comprehensive data, and valuable analytics. The Compensation Software from Willis Towers Watson equips you to recognize broad trends while enabling you to explore specific facets, addressing a range of strategic questions concerning competitive pay frameworks. Additionally, it offers essential tools to enable prompt decision-making. By simplifying the assessment of competitive pay for all benchmark roles, analyzing and interpreting a variety of compensation survey data, and ensuring your organization is providing attractive salaries to attract the finest talent, businesses can effectively align their compensation strategies with industry benchmarks. This alignment not only enhances overall workforce satisfaction but also establishes a strong foundation for long-term organizational success. In this way, companies can better position themselves in the competitive landscape.

What is Mereo?

A comprehensive platform tailored for the streamlined management of both individuals and organizations allows companies to align employee performance with overall business goals effortlessly. This all-in-one solution offers a robust array of tools, ensuring that every resource needed to meet your targets is accessible from a single interface. Users can choose to utilize our diverse solutions separately or integrate them for a unified experience. Designed with automation in mind, our system significantly improves your chances of success. By setting specific goals and metrics, you can make better-informed choices that encourage alignment throughout your organization. Assessing your team's capabilities can lead to enhanced performance, while structured processes for variable compensation promote professional growth. You can also manage training initiatives and monitor your team's development efficiently. Evaluating talent through a competency framework allows for constructive feedback and the implementation of Personal Development Initiatives (PDIs). Additionally, you can streamline the planning and tracking of objectives, while also analyzing any discrepancies and formulating action plans. Understanding your team's engagement is crucial, and utilizing data-driven insights can guide your strategic decisions. Furthermore, your variable compensation strategy can be refined with detailed analytical reports and simulations that forecast potential results. This comprehensive method guarantees that your organization not only achieves its objectives but flourishes amidst competition, paving the way for sustainable success. Continuous improvement and adaptability will be key as the landscape evolves.

Media

Media

Integrations Supported

TalentQuest

Integrations Supported

TalentQuest

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$20 per month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Willis Towers Watson

Date Founded

1841

Company Location

United States

Company Website

www.wtwco.com/en-US/Solutions/products/willis-towers-watson-compensation-software

Company Facts

Organization Name

Mereo

Date Founded

2012

Company Location

United States

Company Website

www.mereo.com

Categories and Features

Compensation Management

Bonus Management
Compensation Assessment
Compensation Calculation
Compensation Plan Modeling
Compensation Statements
Employee Reward Programs
Incentive Programs
Organizational Charting
Salary Planning

Categories and Features

Business Intelligence

Ad Hoc Reports
Benchmarking
Budgeting & Forecasting
Dashboard
Data Analysis
Key Performance Indicators
Natural Language Generation (NLG)
Performance Metrics
Predictive Analytics
Profitability Analysis
Strategic Planning
Trend / Problem Indicators
Visual Analytics

Business Performance Management

Ad Hoc Reports
Ad hoc Analysis
Budgeting & Forecasting
Consolidation / Roll-Up
Dashboard
Key Performance Indicators
Predictive Analytics
Qualitative Analysis
Quantitative Analysis
Scorecarding
Strategic Planning

Compensation Management

Bonus Management
Compensation Assessment
Compensation Calculation
Compensation Plan Modeling
Compensation Statements
Employee Reward Programs
Incentive Programs
Organizational Charting
Salary Planning

Dashboard

Annotations
Data Source Integrations
Functions / Calculations
Interactive
KPIs
OLAP
Private Dashboards
Public Dashboards
Scorecards
Themes
Visual Analytics
Widgets

Employee Recognition

Goals
Leaderboards / Activity Tracking
Manager-to-Peer Recognition
Mention Management
Nominations
Peer-to-Peer Recognition
Performance Management
Rewards Catalog
Rewards Points
Social Recognition
eCards

Human Resources

360 Degree Feedback
Applicant Tracking
Attendance Management
Benefits Management
Career Development Planning
Compensation Management
Compliance Management
Employee Database
Employee Lifecycle Management
Onboarding
Payroll Management
Performance Management
Recruiting Management
Self Service Portal
Succession Planning
Time & Attendance Management
Time Off Management
Timesheets
Training Management

Reporting

Customizable Dashboard
Data Source Connectors
Drag & Drop
Drill Down
Email Reports
Financial Reports
Forecasting
Marketing Reports
OLAP
Report Export
Sales Reports
Scheduled / Automated Reports

Succession Planning

"What If" Scenarios
360 Degree Feedback
Career Development
Competency Scale
Employee Profile
Goal Management
Organizational Charting
Performance Management
Recruiting Management
Succession Management

Talent Management

Career Development Planning
Compensation Management
Competency Management
Employee Lifecycle Management
Goal Setting / Tracking
Job Description Management
Onboarding
Performance Appraisal
Recruiting Management
Succession Planning
Training Management

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